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18 December 2018 The on-line newspaper devoted to the world of transports 18:32 GMT+1




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Sched Netweb site
OCTOBER 2, 2018
  • Asia-Europe rate declines 4pc to US$735/TEU, off 0.5pc to USWC
  • HMM places US$2.8b order with 3 shipbuilders for 20 box ships
  • Cosco in the market for PIL's shares in Singamas: report
  • ZIM, MSC to provide 'fast and reliable' services on India-Med trade
  • S Carolina ports set new monthly box throughput record in August
  • Hapag-Lloyd renames 15,000 TEU box ship originally part of UASC's fleet
  • ACL christens world's largest multipurpose ro/ro ship in Baltimore
  • Chittagong port gives priority for larger ships to accelerate productivity
  • Blue Dart on track to deliver to every Indian household by December
  • Zencargo raises US$4m for office in China and fund product development
  • Virgin Atlantic Cargo tonnage up 3pc in first half of 2018
  • Swissport acquires Apron to expand its presence in Germany's air cargo market

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International Transport Journalweb site
OCTOBER 2, 2018
  • Wings for pharmaceuticals to Europe
  • HGV maker integrates breakdown assistance system
  • Polish trio to build smart locomotives
  • Inauguration of timber building in Vienna
  • GAC office in Dundee operational
  • Nippon Cargo Airlines resumes operations
  • Zim to overhaul transatlantic services
  • Subterranean stirrings in Switzerland
  • More calls in West Africa
  • Alpega creates new network
  • TGP takes over in Germany and Brazil
  • Madrid - Malaga freight service takes to the rails
  • OPC pushes Puerto Cortes in Honduras
  • Agreement signed for new airline in Canada's north
  • Laying foundation stone in Bremen
  • Metro Ports welcomes new president
  • "Curiosity of the Day"
  • All Iata regions but one report y-o-y demand growth

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IHS Maritimeweb site
OCTOBER 1, 2018
  • Indonesian tsunami grounds several ships
  • Nordic Shipholding breaches covenants as product tanker slump continues
  • Haitong Unitrust targets dry bulk in drive to build shipping portfolio
  • NYK Line books LNG carrier believed to be for Total
  • SK's bid to sell shipping arm signals industry exit
  • Japanese shipyards enjoy dry bulk revival

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The Loadstarweb site
OCTOBER 1, 2018
  • Beleaguered UK importers prepared for further delays as more vessels divert from Southampton and Felixstowe
  • Forwarders urge carriers to put freighters into India
  • Blockchain set back, as cryptocurrency failures deter confused freight industry
  • TBS Logistics reveals freight forwarding expansion plan after opening Vietnam's "largest warehouse"
  • Swissterminal heads to court over government subsidies to Gateway Basel Nord
  • Crane Worldwide Logistics appoints CEVA's Marco Nazzari to head EMEIA
  • Pace of growth in air freight continues to slow
  • Trump's trade war told through the story of a leather belt

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Marine Logweb site
OCTOBER 1, 2018
  • VIDEO: Tsuneishi Paraguay delivers powerful river towboat
  • Foreship moves to boost U.S. West Coast and cruise activities
  • Stolt-Nielsen, Golar and Hoegh in $182 million LNG venture
  • NAO and Canada's Horizon Maritime plan to combine
  • Wärtsilä reorganizes into two business areas

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Lloyd's Listweb site
OCTOBER 1, 2018
  • Nordic American Offshore and Horizon Maritime Services will merge
    The combined company has growth ambitions and is positioned for increased activity in the North Sea and offshore Canada
  • SBM executives sentenced for bribery
    Both men pleaded guilty to one count of conspiracy in November 2017
  • Port of Long Beach advances Pier B on-dock rail project
    Long Beach ups its game with an $875m budget for construction of on-dock rail
  • Gas sector seeks to overcome LNG-fuelled misconceptions
    Off the record discussions on the fringes of the biennial bunker bash reveal widespread misgivings, misunderstandings and a general wait-and-see...
  • Stolt-Nielsen, Golar and Höegh form $182m LNG venture
    The investments aim to build up an LNG company, which was set up by Stolt-Nielsen, as small vessels and terminals...
  • Malta summit aims to get shipping industry 'talking together', says organiser
    Malta hosts major international shipping summit
  • Nordic Shipholding breaches loan covenants
    The owner of six product tankers, Copenhagen-listed Nordic recorded $75m of bank loans at the end of June
  • Lloyd's List reveals finalists for Dubai awards
    The judges will now start the difficult process of selecting winners
  • Wärtsilä splits marine and energy businesses
    Holm and Wirén keep their respective jobs, while Barbone set to leave company, statement confirms
  • Most refineries to produce HFO after 2020
    More than half of refineries will produce heavy fuel oil after the sulphur cap comes into effect in 2020 but...
  • Shipping escapes the worst of tsunami and typhoon
    Typhoon Trami hit Japan with wind speeds reaching more than 200 km/h on Sunday
  • Crude tanker market 'now past the bottom'
    Jefferies believes the 2020 sulphur cap, low crude inventories, higher Opec production volumes and spiking demand will drive tanker earnings...
  • Daily Briefing
    Shipowners unite to back scrubber technology | Maersk opposes sulphur cap review proposal | The Lloyd's List Podcast: Tariffs, box...
  • SK Group in talks to sell shipping unit
    Hahn & Co has plans to purchase $1.35bn of new shares to be issued by SK Shipping
  • Sinopec halves Iranian crude intake, says report
    Lloyd's List Intelligence data shows rapidly declining Iranian oil exports accelerating beyond initial market expectations

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The Journal of Commerceweb site
OCTOBER 1, 2018
  • US truck spot rates forecast to moderate post-Florence
  • NY-NJ port expands barge strategy
  • Teamsters protest not affecting LA-LB port cargo flow
  • Higher Union Pacific peak surcharges aimed at improving service
  • Global port productivity slips amid digitalization push
  • Convoy, project44 ride ramp-up in freight tech investment

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TradeWindsweb site
OCTOBER 1, 2018
  • India's new LNG import terminal inaugurated
    Five million tonne a year regasification terminal to begin operations by end of October.
  • Canada and cash the key for NAO
    Clarksons Platou says Horizon deal provides liquidity and access to protected market.
  • Stolt-Nielsen, Golar and Hoegh reveal $182m LNG venture
    Norwegian heavyweights take shared ownership of Avenir LNG with eye on number one spot in small scale LNG space.
  • Russian ship held in N Korean probe
    South Korea detains Sevastopol as it examines alleged trade links to North.
  • Bibby Line sells out of dry cargo market
    British shipowner Bibby Line has exited the dry cargo market with the sale of its last supramax bulker. Shipbrokers say the 56,800-dwt Shropshire (built 2009) has been sold to Louis Dreyfus. A price of $9.3m is being placed on the Chinese-built vessel, which has been in the hands of the same owner since new. Bibby Line's Cheshire declared a total loss Bibby Marine orders accommodation vessel
  • Horizon taking over Nordic American Offshore
    Merger with Hansson-backed PSV owner will see Canadian group take 52% holding.
  • Korea launches $360m smart shipyard plan
    Government wants to equip shipbuilders with AI systems.
  • DryShips CEO's changing stake at centre of new claims
    Be it 76% or less than 1%, Economou's shifting holding was all part of a 'scheme', plaintiffs claim
  • New CEO: no rift at Louis Dreyfus Company
    Ian McIntosh says sudden resignations of CEO and CFO unrelated to strategy or financial issues.
  • Seacor Marine inks $130m DNB loan
    US OSV owner now has cash available for potential acquisitions.
  • Marinsa LR2 tankers come to market with eyes on the price
    Brokers expect sale of tanker pair to show a softening of asset values and take Turkish owner out of the sector.
  • Police manhunt shuts down Danish ferries
    Zealand links were closed due to kidnapping probe.
  • Wartsila splits business in two
    Reorganisation sees formation of differentiated shipping and energy operations.
  • Tankers continue to dominate third quarter scrapping activity
    Demolition specialist's data shows twice as many tankers and OBOs went for scrap compared to a year ago.
  • Trafigura, IEnova to develop Mexican oil product terminal
    Trader will hold a 49% slice in the project, which will be up and running by 2020.
  • Heavyweights form scrubber pressure group
    John Fredriksen, Trafigura, Idan Ofer and others supporting enforcement of IMO 2020 rules.
  • Henderson: Shell 'will be prepared' for 2020
    Energy major's shipping chief warns owners that choices need to be made soon.
  • Lavinia homes in on Chinese capesize bulker
    Laskaridis brothers agree to purchase 180,400-dwt New Dalian (built 2010) in deal still on subs
  • Jefferies sees crude tanker owners swapping pain for gain
    Analyst Randy Giveans adds four more stocks to basket ahead of expected rate recovery.
  • Fredriksen wealth reported to be up 15%
    Shipowner John Fredriksen is worth 15% more in 2018 than a year ago, according to Norwegian magazine Kapital. His fortune has increased to NOK 113bn ($13.8bn) from NOK 98bn, according to Kapital, which does not detail the reason for jump in value. This figure means Fredriksen is worth more than twice as much as the second richest Norwegian. "They have got it wrong," Fredriksen told TradeWinds
  • Seglem suezmaxes push Hyundai Heavy closer to order target
    Tankers from Norwegian owner leave world's largest shipbuilding group with $10.4bn in orders in 2018.
  • Dire rates force Nordic Shipholding into covenant breach
    Chairman Knut Pontoppidan optimistic as talks continue with lenders to boost liquidity.
  • Golden Energy stretches PSV charter
    Norwegian owner adds two months to Energy Scout deal in Nigeria.
  • Danske Bank appoints interim CEO
    Danish lender has temporary leader following resignation of Thomas Borgen after Estonian money-laundering scandal.
  • Ships forced ashore in Indonesian tsunami
    At least three vessels grounded as scale of tragedy becomes clearer.
  • Trafigura halts TNG MR charter early
    Croatian owner compensated after nearly three years as 12-month option lapses.
  • Samsung reels in another LNG newbuilding order
    Korean yard adds another gas carrier to its orderbook, but remains mum on owner's identity.
  • SK Group looks to offload SK Shipping
    Further shake out in Korean shipping industry as private equity firm looks to build presence.
  • Blue Ocean Maritime refinances Pyxis products tanker
    Hedge fund-backed finance house completes maiden deal with Valentios Valentis MR vehicle.

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American Shipperweb site
OCTOBER 1, 2018
  • Khalifa Port receives 14 cranes for Abu Dhabi Terminal
  • Fastball: California taking swing at waterfront stadium
  • Kuehne + Nagel expanding Indonesian operations
  • Executive Moves: Metro Ports, SOGET and IMO
  • New York alliance pushing for regional barge network
  • Shippers' Law: Taking the heat for MSC Flaminia fire
  • Hahn & Co. reportedly in talks to acquire SK Shipping
  • FMC reviews 11 OTI license applications
  • Trans Global Projects buys Natco Germany, NPT Brazil

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The Bunker Bulletinweb site
OCTOBER 1, 2018
  • Crude settles at four-year high as market weighs Iran supply concerns
    Crude futures settled Monday at their highest levels since late-2014 as the market continued to price in the impact of pending US sanctions on Iran.
  • US energy executives expect $69/b WTI, but uncertainties abound: Dallas Fed
    US energy executives expect WTI to close 2018 at nearly $69/b as oil production continues to grow, but at a slower pace than earlier this year, the Federal Reserve Bank of Dallas said in its quarterly survey of oil and gas firms.
  • Mexican oil industry cautiously optimistic of future energy policy
    Oil and gas executives attending last week's Mexican Petroleum Congress were cautiously optimistic about the future of the country's energy reform
  • Saudi Arabia prepares cautious 2019 budget, wary of oil market instability
    OPEC kingpin Saudi Arabia plans another boost in government spending in 2019 to spur its economy, but is proceeding cautiously with an eye on potential oil market headwinds in the year ahead.
  • North American trade deal keeps some investor protections seen as key to oil, gas sector
    A new North American trade deal reached late Sunday will not likely impede energy flows and appears to preserve investor protections seen as critical to US oil and gas investment in Mexico's liberalized upstream sector.
  • REFINERY NEWS: ISAB to start 53-day maintenance Oct 15: union source
  • Shipping company Scorpio Group to install scrubbers for IMO compliance
    Shipping company Scorpio Group plans to fit scrubber equipment to a majority of its vessels by July 2020 to allow them to continue burning fuel oil after global sulfur emission limits are cut.
  • External: Praxis Energy Agents DMCC
  • NWE fuel oil volumes in Platts MOC steady on month as availability tightens
    Volumes of RMG 380 CST fuel oil traded during the Platts Market on Close assessment process in Europe were down marginally on the month to 520,000 mt for September, with traders noting a tight October outlook.
  • External: Marine Bunkering(Rotterdam)B.V.
  • Singapore Q4 ex-wharf 380 CST bunker term inked at MOPS plus $7.50-$9/mt
    Singapore ex-wharf 380 CST bunker fuel term contracts have been concluded at premiums of around $7.50-$9/mt to the Mean of Platts Singapore 380 CST high sulfur fuel oil assessments for the fourth quarter
  • FUTURES: Crude futures remained higher on supply concerns
  • Japanese ports resume operations after typhoon, loading delays continue
    Ports in Japan re-opened Monday after operations were suspended Sunday as Typhoon Trami made landfall, bringing strong winds and heavy rains.




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